the cornerstone of our investment decision-making process
Seven-Step Research Framework
"High-quality businesses are rare. We believe less than one percent of all businesses are able to sustain their competitive advantages beyond a decade. We also believe less than one percent of businesses can generate durable and profitable long-term growth. Demanding these two characteristics means we must be very selective and patient investors."
Aziz V. Hamzaogullari
Through the disciplined and thorough implementation of bottom-up fundamental analysis, we seek to understand the drivers, opportunities and limits of each business. Click through below to explore our research framework, outlined step-by-step.